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Emerita Resources
(EMO)
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Rating:44Neutral
Price Target:
C$0.36
▼(-21.96% Downside)
Action:Reiterated
Date:06/04/26
The score is primarily constrained by weak financial performance (ongoing losses, minimal revenue, and negative operating cash flow), partially offset by modest balance-sheet leverage and improved free-cash-flow trend. Technicals add further pressure given a clear downtrend and negative momentum, while valuation is not supportive because the negative P/E is driven by unprofitability and there is no dividend yield.
Positive Factors
Strategic project focus in Iberian Pyrite Belt
Operating in the prolific Iberian Pyrite Belt gives Emerita a structurally advantaged exploration footprint. A proven geology raises the chance of economically meaningful discoveries, and polymetallic targets (zinc, lead, copper, silver, gold) diversify commodity exposure, supporting long-term optionality.
Negative Factors
Sustained unprofitability and negative OCF
Persistent net losses and materially negative operating cash flow consume cash reserves and force recurring reliance on financing. Over months this elevates dilution risk, slows project timelines, and increases execution risk if capital markets tighten or funding costs rise.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic project focus in Iberian Pyrite Belt
Operating in the prolific Iberian Pyrite Belt gives Emerita a structurally advantaged exploration footprint. A proven geology raises the chance of economically meaningful discoveries, and polymetallic targets (zinc, lead, copper, silver, gold) diversify commodity exposure, supporting long-term optionality.
Read all positive factors
Emerita Resources (EMO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$99.37M
Dividend YieldN/A
Average Volume (3M)268.72K
Price to Earnings (P/E)―
Beta (1Y)0.99
Revenue GrowthN/A
EPS Growth13.71%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.04
Shares Outstanding296,623,960
10 Day Avg. Volume197,260
30 Day Avg. Volume268,722
Financial Highlights & Ratios
PEG Ratio3.78
Price to Book (P/B)5.70
Price to Sales (P/S)0.00
P/FCF Ratio-83.54
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Emerita Resources Business Overview & Revenue Model
Company Description
Emerita Resources Corp. operates as a natural resources firm primarily engaged in acquiring, investigating, and advancing mineral sites, with its main operations concentrated in Spain. The company's key exploration efforts are directed towards ide...
How the Company Makes Money
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Emerita Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
55
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 9.58M | 0.00 |
| Gross Profit | -136.21K | -132.51K | -9.38M | -16.47M | -14.67K | -4.90K |
| EBITDA | -11.36M | -10.52M | -13.21M | -21.46M | -20.69M | -17.23M |
| Net Income | -12.85M | -12.51M | -12.93M | -21.49M | -20.71M | -17.23M |
Balance Sheet | ||||||
| Total Assets | 78.60M | 79.90M | 13.36M | 13.27M | 22.62M | 27.42M |
| Cash, Cash Equivalents and Short-Term Investments | 15.57M | 27.25M | 10.96M | 9.80M | 20.18M | 26.78M |
| Total Debt | 8.68M | 7.79M | 5.74M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 10.43M | 9.19M | 8.09M | 1.58M | 1.84M | 1.21M |
| Stockholders Equity | 68.17M | 70.71M | 5.27M | 11.69M | 20.78M | 26.21M |
Cash Flow | ||||||
| Free Cash Flow | -240.09K | -4.83M | -11.62M | -21.16M | -12.62M | -4.29M |
| Operating Cash Flow | -4.97M | -4.70M | -11.44M | -21.07M | -12.29M | -4.28M |
| Investing Cash Flow | -16.85M | -12.75M | -129.65K | -61.98K | -555.43K | -79.22K |
| Financing Cash Flow | 25.35M | 33.80M | 12.72M | 10.81M | 6.18M | 30.36M |
Emerita Resources Technical Analysis
Negative
0.46
Price Trends
0.36
Negative
0.40
Negative
0.75
Negative
Market Momentum
<0.01
Positive
43.66
Neutral
13.68
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EMO, the sentiment is Negative. The current price of 0.46 is above the 20-day moving average (MA) of 0.36, above the 50-day MA of 0.36, and below the 200-day MA of 0.75, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 43.66 is Neutral, neither overbought nor oversold. The STOCH value of 13.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EMO.
Emerita Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | C$144.50M | 13.47 | 12.09% | ― | ― | ― | |
46 Neutral | C$158.99M | -21.03 | -6.55% | ― | ― | -26.64% | |
44 Neutral | C$99.37M | -7.12 | -23.71% | ― | ― | 13.71% | |
44 Neutral | C$192.28M | 500.00 | -1.88% | ― | ― | 78.95% | |
44 Neutral | C$129.75M | -27.22 | -18.48% | ― | ― | -18.56% |
* General Sector Average
TSE:EMO
Emerita Resources
0.32
-1.09
-77.09%
TSE:LAM
Laramide Resources
0.57
-0.07
-10.94%
TSE:NCF
Northcliff Resources
0.30
0.18
150.00%
TSE:FURY
Fury Gold Mines
0.78
0.10
14.71%
TSE:DMX
District Metals
0.68
-0.03
-4.93%
Emerita Resources Corporate Events
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and Compliance
Emerita Wins Nuevo Tintillo Permit Renewal and Adds Veteran Director
Positive
Apr 15, 2026
Emerita Resources has secured a three-year renewal of its Investigation Permit for the Nuevo Tintillo property in the Iberian Pyrite Belt in Spain, covering 6,874.2 hectares and allowing for potential further extensions subject to regulatory condi...
Business Operations and StrategyM&A Transactions
Emerita Resources Confirms Unsolicited Takeover Approach From Denarius Metals
Neutral
Apr 13, 2026
Emerita Resources has confirmed receipt of an unsolicited, non-binding offer letter from Denarius Metals to acquire all of Emerita’s outstanding common shares at a 15% premium to its April 10, 2026 closing price, payable entirely in Denarius...
Business Operations and StrategyLegal Proceedings
Emerita Faces OSC Enforcement Over Legacy Projects, Stresses Focus on Spanish Core Assets
Negative
Apr 10, 2026
Emerita Resources has disclosed that the Ontario Securities Commission has launched an enforcement proceeding over historical disclosure related to its former Plaza Norte project in Spain, as well as alleged misconduct by certain officers and dire...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.